WESTBRAE NATURAL INC /DE/
SC 14D1/A, 1997-10-20
GROCERIES & RELATED PRODUCTS
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<PAGE>
 
- --------------------------------------------------------------------------------

                       SECURITIES AND EXCHANGE COMMISSION

                            WASHINGTON, D.C.  20549
                                ________________

                                Amendment No. 2

                                       To

                                 SCHEDULE 14D-1

                   Tender Offer Statement Pursuant To Section
                14(d)(1) of the Securities Exchange Act of 1934


                                      and


                                  SCHEDULE 13D


                   Under the Securities Exchange Act of 1934
 
                               ________________

                             Westbrae Natural Inc.
                           (Name of Subject Company)
                                ________________

                           The Hain Food Group, Inc.
                             Hain Acquisition Corp.
                                   (Bidders)
                                ________________

                     Common Stock, par value $.01 per share
                         (Title of Class of Securities)
                                ________________

                                  957150-10-5
                     (CUSIP Number of Class of Securities)
                                ________________

                                 Irwin D. Simon
                     President and Chief Executive Officer
                           The Hain Food Group, Inc.
                         50 Charles Lindbergh Boulevard
                           Uniondale, New York 11553
                                 (516) 237-6200

          (Name, Address and Telephone Number of Person Authorized to
            Receive Notices and Communications on Behalf of Bidders)
                                ________________

                                    Copy to:

                              Roger Meltzer, Esq.
                            Cahill Gordon & Reindel
                                 80 Pine Street
                           New York, New York  10005
                                 (212) 701-3000
<PAGE>
 
CUSIP No. 957150-10-5
- --------------------------------------------------------------------------------
1.  Names of Reporting Persons
    S.S. or I.R.S. Identification Nos. of Above Persons
    The Hain Food Group, Inc.  I.R.S. No. 223240619
- --------------------------------------------------------------------------------
 
2.  Check the Appropriate Box if a Member of Group
    (See Instructions)                                                   (a) [ ]
                                                                         (b) [X]
- --------------------------------------------------------------------------------
3.  SEC Use Only

- --------------------------------------------------------------------------------
4.  Sources of Funds (See Instructions)
    BK, WC

- --------------------------------------------------------------------------------
5.  Check if Disclosure of Legal Proceedings is
    Required Pursuant to Items 2(e) or 2(f)                                  [ ]

- --------------------------------------------------------------------------------
6.  Citizenship or Place of Organization
    Delaware

- --------------------------------------------------------------------------------
7.  Aggregate Amount Beneficially Owned by Each
    Reporting Person
    5,731,904

- --------------------------------------------------------------------------------
8.  Check if the Aggregate Amount in Row (7)
    Excludes Certain Shares (See Instructions)                               [ ]
- --------------------------------------------------------------------------------
9.  Percent of Class Represented by Amount in Row (7)
    96.3%
 
- --------------------------------------------------------------------------------
10.  Type of Reporting Person (See Instructions)
         CO


                        Exhibit Index begins on Page 7
                              (Page 2 of 7 Pages)
<PAGE>
 
CUSIP No. 957150-10-5
- --------------------------------------------------------------------------------
1.  Names of Reporting Persons
    S.S. or I.R.S. Identification Nos. of Above Persons

    Hain Acquisition Corp.                                      I.R.S. No. 
                                                                (pending)
- --------------------------------------------------------------------------------
2.  Check the Appropriate Box if a Member of Group
    (See Instructions)                                                   (a) [ ]
                                                                         (b) [X]

- --------------------------------------------------------------------------------
3.  SEC Use Only
 
- --------------------------------------------------------------------------------
4.  Sources of Funds (See Instructions)
    BK, WC

- --------------------------------------------------------------------------------
5.  Check if Disclosure of Legal Proceedings is
    Required Pursuant to Items 2(e) or 2(f)                                  [ ]

- --------------------------------------------------------------------------------
6.  Citizenship or Place of Organization
    Delaware

- --------------------------------------------------------------------------------
7.  Aggregate Amount Beneficially Owned by Each
    Reporting Person

    5,731,904

- --------------------------------------------------------------------------------
8.  Check if the Aggregate Amount in Row (7)
    Excludes Certain Shares (See Instructions)                               [ ]

- --------------------------------------------------------------------------------
9.  Percent of Class Represented by Amount in Row (7)
    96.3%

- --------------------------------------------------------------------------------
10.  Type of Reporting Person (See Instructions)

          CO

                        Exhibit Index begins on Page 7
                              (Page 3 of 7 Pages)
<PAGE>
 
          The Hain Food Group, Inc., a Delaware Corporation (the "Parent"), and
Hain Acquisition Corp., a Delaware Corporation (the "Purchaser") and a wholly
owned subsidiary of Parent, hereby amend and supplement their Tender Offer
Statement on Schedule 14D-1 (as amended, the "Statement"), originally filed on
September 12, 1997, with respect to their offer to purchase all outstanding
shares of Common Stock, par value $.01 per share (the "Common Stock"), of
Westbrae Natural, Inc., a Delaware corporation (the "Company"), as set forth in
this Amendment No. 2.  Capitalized terms not defined herein shall have the
meanings assigned thereto in the Statement.  Immediately following the
acceptance by the Purchaser of the shares of Common Stock tendered, the
Purchaser merged with and into the Company pursuant to Section 253 of the
Delaware General Corporation Law.

ITEM   6.  INTEREST IN SECURITIES OF THE SUBJECT COMPANY.

          (a) and (b):  The Offer expired at 3:00 p.m., New York City time, on
Tuesday, October 14, 1997.  Based on information provided by the depositary,
Continental Stock Transfer & Trust Company, there were validly tendered and not
withdrawn approximately 5,731,904 shares of Common Stock, including notices of
guaranteed delivery, or approximately 96.3% of the outstanding shares of Common
Stock.  The shares of Common Stock validly tendered and not withdrawn at such
time were accepted for payment.  On October 15, 1997, the Parent issued the
press release attached hereto as Exhibit (a)(9).

ITEM   11.  MATERIALS TO BE FILED AS EXHIBITS.

          (a)(9) Press Release issued by the Parent on October 15, 1997.


                        Exhibit Index begins on Page 7
                              (Page 4 of 7 Pages)
<PAGE>
 
                                   SIGNATURE

          After due inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                    THE HAIN FOOD GROUP, INC.


                                     By:/s/ Irwin D. Simon
                                        ------------------------------
                                       Name:  Irwin D. Simon
                                       Title: President and Chief Executive
                                              Officer

Dated:  October 15, 1997
<PAGE>
 
                                SIGNATURE

          After due inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                     HAIN ACQUISITION CORP.


                                     By:/s/ Irwin D. Simon
                                        -------------------------------
                                       Name:  Irwin D. Simon
                                       Title: President


Dated:  October 15, 1997
<PAGE>
 
EXHIBIT
  NO.                                       DESCRIPTION
- -------                                     -----------
(a)(9)                      --       Press release issued by
                                     Parent on October 15, 1997

<PAGE>
 
                              THE HAIN FOOD GROUP
                         50 CHARLES LINDBERGH BOULEVARD
                           UNIONDALE, NEW YORK 11553

For Further Information
Please Contact:
Jack Kaufman, Chief Financial           Roger Spencer/Philip Thomas
  Officer                               The P.L. Thomas Group
Hain Food Group                         312/906-8060
516/237-6200

FOR IMMEDIATE RELEASE

                      THE HAIN FOOD GROUP, INC. COMPLETES
                     THE WESTBRAE NATURAL, INC. ACQUISITION

          UNIONDALE, NY, October 15, 1997 -- The Hain Food Group, Inc. (Nasdaq:
NOSH) announced today that it had successfully completed its $3.625 per share
cash tender offer to acquire all of the outstanding shares of Westbrae Natural,
Inc. (Nasdaq: WNAT).  At the expiration of the tender offer on October 14, 1997,
5,731,904 shares of Westbrae stock including notices of guaranteed delivery,
were tendered and not withdrawn in the offer.  Consequently, Hain owns over 96%
of the total outstanding common stock of Westbrae.  Accordingly, Hain will be
able to acquire the remaining shares outstanding at $3.625 per share by merging
a wholly-owned subsidiary into Westbrae without a meeting or vote of Westbrae
stockholders in a so-called "short-form" merger.  Hain expects to complete the
merger today.

Irwin D. Simon, president and chief executive officer of Hain said, "We are
extremely pleased with the successful consummation of the acquisition which adds
a very important natural and organic food company to our specialty food product
lines and makes Hain the leading natural foods Company.  Westbrae's brands
include Westbrae Natural, Westsoy, Little Bear and Bearitos, encompassing
approximately 300 food items such as non-dairy beverages, chips, snacks, beans
and soups.  Westbrae products are sold nationally and they have enjoyed strong
growth in sales and operating results in recent years."

Mr. Simon added, "In view of Westbrae's recent operating results, and
anticipated costs savings that may result from integration of the combined Hain
and Westbrae natural food business, we expect the acquisition of Westbrae would
be immedi-

                                     -more-
<PAGE>
 
ately accretive to Hain's earnings. In addition, Andrew Jacobson of Westbrae has
joined the Hain organization as a senior executive and will have a major role in
the management of Hain's entire natural food business."

Certain of the statements in this press release are forward-looking in nature
and, accordingly, are subject to risks and uncertainties.  The actual results
may differ from those described or contemplated.

The Hain Food Group, headquartered in Uniondale, NY, is a specialty food company
which has a product line comprised of the following key brands:  Hain Pure
Foods(R) (an all-natural food brand including rice cakes and other snack foods);
Westbrae(R), Westsoy(R), Little Bear(R) and Bearitos(R) (natural non-dairy
beverages, snacks, and other natural foods); Estee(R) (sugar-free and fructose-
sweetened products); Hollywood(R) (safflower, canola, and peanut oils,
mayonnaise and margarine); Kineret(R) (kosher foods); Featherweight(R) (low-
sodium foods); Farm Foods(R) (frozen vegetarian products); Boston Popcorn(R)
(snack foods); Weight Watchers(R) (dry and refrigerated weight control
products); and Alba Foods(R) (dry milk mixes and shakes).

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